Chinese commerce ministry out on the wires again 4 April

  • initiated WTO dispute procedure against US 301 tariffs investigation

USDJPY looking at 106.00 again with GBPJPY now down through 149.00 and pushing GBPUSD down to 24 hour lows of 1.4036 with EURGBP up testing 0.8750 again. Just another reminder that hedge funds love hitting GBPJPY up and down as a risk go-to for its volatility. Something I first warned readers about last year.

Yuan extends decline and posts largest one-day fall since Feb.

GBPJPY 15m

GBPUSD 15m